The forex markets are generally staying in tight range today, without much reaction to better than expected job data from US and GDP from Canada.... Read More
Month: September 2020
Dollar and Yen recover some ground in Asian session but it’s unsure if this week’s pull back is completed yet. There were little reactions to... Read More
The markets are relatively quiet in Asian session with an empty economic calendar. Aussie recovers mildly as markets are paring back expectations of imminent RBA... Read More
Sterling rises broadly today after BoE Deputy Governor indicated that negative interest rate is not imminent. Rebound in the Pound somewhat lifts other European majors... Read More
Dollar drops broadly today, partly due to month-end flows, and partly as position adjustment ahead of the first one-on-one Presidential debate between Donald Trump and... Read More
Asian markets trade with a mixed tone today despite strong rebound in the US overnight. Positive sentiments couldn’t carry through to the session again. Nevertheless,... Read More
Dollar and Yen ended as the strongest ones last week as global stock markets tumble. There were concerns over resurgence in coronavirus infections in Europe,... Read More
Dollar firms up again entering into US session, but it’s so far held below yesterday’s high against all but Swiss Franc. There is little reaction... Read More
Dollar and Yen retreat mildly today risk aversion recedes slightly. But as Asian markets struggle to find momentum for a rebound, risk aversion could come... Read More
Dollar remains the strongest one for the week, followed by Yen, as risk aversion continue to dominate. The recovery attempts in European stocks appeared to... Read More